Brent approaches $ 60 as oil market tightens
Brent crude oil prices are approaching a one-year high of $ 60, largely driven by OPEC + cuts to support […]
Energy | Petroleum
Oil rising in economic optimism
Oil picked up on Thursday on strong US economic data, falling oil stocks and the decision to stick to OPEC
Production cuts and falling U.S. stocks increase oil price
Oil prices continue to rise on Thursday. The OPEC + alliance’s adherence to reduced production policy and falling US oil
Oil companies in plans of healing the wounds of 2020
The administration of US President Joe Biden has started talks with the utilities and automobile sectors on reducing greenhouse gas
Oil reached one-year high with limited production
Major producers roughly comply with their production throttling commitments. As a result, oil increased by 2%, reaching a 12-month high.
Oil prices rise with production cuts
Oil prices soared by more than 1% on Tuesday after major crude oil producers showed they were roughly curtailing production
Oil prices rise as stocks fall and demand increases
Oil prices on Monday were revived by falling stocks and hopes for a rapid global economic recovery. However, slowing vaccination
Oil tanker market in harsher seas
With the unexpected, voluntary cuts of the largest oil producer, Saudi Arabia, the volume of crude oil stored on ships
Oil industry’s combat against electric vehicle agenda
The oil industry is trying to ally with farmers and biofuel producers against initiatives in electric vehicles. The effort to
Speed of coronavirus vaccine operations worries
Oil prices rose slightly on Friday, but traded in a narrow range. Prices are rising due to voluntary cuts in